Bosch and SAP are planning a partnership for enterprise and industrial IoT solutions, according to Bloomberg. Through the partnership, Bosch's industrial manufacturing clients will use SAP's Hana software. That will allow SAP to collect data about operations and use the it to build targeted IoT applications for industrial companies.

SAP will rely on Bosch's history and strength in connecting factory equipment, forklifts, and windmills in order to deploy their software. The goal would be to create software applications that can be utilized to bring down costs by allowing workers to more easily identify machines that are about to fail. The partnership could also allow SAP to find new use cases for its software from the manufacturers that use Bosch's machines and parts.

Enterprise and industrial use cases continue to drive to value of the IoT. Businesses can lower their operating expenses, enhance productivity, and, as SAP and Bosch are learning, expand into new markets all through adopting IoT solutions.

John Greenough, senior research analyst for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on enterprise robotics that examines the rising use of robots across many industries. It examines top use cases, market leaders, growth drivers, potential for workforce automation, the top barriers, and includes market forecasts on shipments and investment in robots between 2015-2021.

Here are some of the key takeaways from the report:

We expect enterprise robotic shipments to nearly triple between 2015-2021.

Manufacturing will continue to be the top adopter of robots. A recent Boston Consulting Group (BCG) survey found 44% of US manufacturers and 66% of German manufacturers plan to install autonomous robots and assistance systems within the next five years.

Rising wages around the world is just one of the key reasons enterprises are beginning to leverage robotics.

Robots have the potential to displace jobs, meaning that while they might take some more labor intensive jobs they have the potential to create new jobs for working on robots.

In full, the report:

Forecasts enterprise robotic shipments

Identifies market leaders

Discusses economic conditions leading to the rise of robots

Examines the advantages of using robots

Identifies five of the top barriers preventing robot adoption

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